It's an old (probably late 80s or early 90s) humorous song about tourists having a holiday in Malta. Descriptions are exaggerated for humour. And yes, I recognise the place in the photos taken, Marsalforn and its surroundings.

Lyrics:

Malta, we love Malta!
These are the things we'd alter.
Malta, we love Malta,
These are the things we'd alter.

Now you've not been in Malta for very long,

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... I'd like to show you all another drone video I found on Youtube featuring Malta after the break.

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